Edition:
United States

Chijioke Ohuocha

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Apr 11 2018

Nigerian regulator lifts suspension of shares in oil company Oando

LAGOS Nigeria's stock exchange lifted a suspension on trading in shares in oil company Oando on Wednesday, following a directive from the Securities and Exchange Commission (SEC), the stock exchange said.

Apr 09 2018

Impairments push Lafarge Africa to 2017 loss, shares sink

LAGOS A 33 billion naira ($105 million) writedown on Lafarge Africa's operations in South Africa and Nigeria pushed the cement firm to a wider loss in 2017 than the previous year, sending its shares sharply lower.

Apr 09 2018

Nigerian oil firm Neconde mounts arbitration case against Shell

LAGOS Nigerian energy company Neconde has launched an arbitration case against Royal Dutch Shell, the West African firm's chief executive said, alleging the oil major continued to lift crude and failed to remit funds after a lease had been sold.

Mar 22 2018

Nigeria needs to boost social spending to sustain growth - Gates

ABUJA Nigeria needs to boost investment in social infrastructure to lift its population out of poverty and achieve a higher income status, billionaire Microsoft co-founder Bill Gates told Reuters on Thursday.

Mar 05 2018

Nigeria Fidelity Bank seeks loan growth as treasury yields fall: executive

LAGOS Nigeria's Fidelity Bank expects loans to grow at a faster pace this year than the 7.5 percent it forecast for 2017, helping lift profits after treasury yields fell, an executive said on Monday.

Mar 01 2018

Nigeria Union Bank working with Citi on Eurobond, others to follow -sources

LAGOS, March 1 Nigeria's Union Bank is working with Citigroup and Renaissance Capital on a planned Eurobond sale, two banking sources told Reuters, following on from its $163 million share sale in the fourth quarter to boost lending.

Mar 01 2018

Afreximbank plans $1 billion share sale over next five years

LAGOS, March 1 The African Export-Import Bank plans to sell shares worth as much as $1 billion over the next five years to diversify its shareholders and add more private investors to its ownership, the trade bank told Reuters on Thursday.

Feb 28 2018

MTN Nigeria eyes $5.2 bln debut Lagos listing in July

LAGOS, Feb 28 MTN plans to list its Nigerian unit worth $5.23 billion by July in a debut IPO on the Lagos bourse and will raise fresh funds to reduce debt, according to pre-IPO presentation seen by Reuters.

Feb 28 2018

Teleology preferred bidder for Nigeria's 9mobile - sources

LAGOS, Feb 28 Teleology Holdings Limited has emerged as preferred bidder for Nigeria's fourth largest telecoms firm 9mobile and has been asked to pay a deposit of $50 million in March, two sources with knowledge of the deal told Reuters.

Feb 09 2018

Britain to add Nigeria's naira to list of accepted trade currencies

LAGOS Britain's export finance agency will add the naira to its list of "pre-approved currencies", allowing it to provide financing for transactions with Nigerian businesses denominated in the local currency.

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